Summaries of health policy coverage from major news organizations

The investigations, revealed in a letter from the company to its outside partners, are just the latest setback for the blood-testing startup.

The New York Times:
Theranos Under Federal Criminal Investigation, Adding To Its Woes
Theranos, the embattled blood-testing laboratory, said on Monday that federal officials were conducting a criminal investigation into the company, adding to a series of questions from officials about its inner workings. In a note to outside partners, the company said that the Justice Department had requested documents and that the investigation was active. The note also said that the Securities and Exchange Commission was investigating the company. (Abelson and Pollack, 4/18)

USA Today:
Blood Lab Theranos Under Federal Investigation
"The investigations by the SEC and the U.S. Attorney's Office, which began following the publication of certain news articles, are focused on requesting documents and ongoing," the statement read. "The company continues to work closely with regulators and is cooperating fully with all investigations." (della Cava, 4/18)

The Wall Street Journal:
Theranos Is Subject Of Criminal Probe By U.S.
People familiar with the matter said the subpoenas seek broad information about how Theranos described its technologies and the progress it was making developing those technologies. Investigators are also examining whether Theranos misled government officials, which can be a crime under federal law, some of the people said. Such subpoenas don’t necessarily mean prosecutors are actively seeking an indictment. People familiar with the matter said the investigation is at an early stage. (Weaver, Carreyrou and Siconolfi, 4/18)

STAT:
Theranos CEO Elizabeth Holmes Says She's 'Devastated' By Setbacks
Elizabeth Holmes, CEO of the embattled blood-testing company Theranos, has tried more than a few approaches in recent months to head off the waves of bad news that just keep coming. She’s gone to bat for her company at an industry conference, posted a 6,000-word defense on its website, and this month assembled a group of respected medical advisors. On Monday morning, Holmes tried a new tack: an appearance on NBC’s “Today” show. (Robbins, 4/18)

The Silicon Valley Business Journal:
Theranos CEO Says She's 'Devastated' But Her Company Will Survive
"I feel devastated that we did not catch and fix these issues faster," Holmes said in a report that aired on NBC's Today show. She insisted that her company will survive despite the possibility that both she and Theranos President Sunny Balwani, could be banned from owning or running any other lab for at least two years. "I know what we've built and I know what we've created and what it means to people," she said. "It's a change that needs to happen in the world." (Schubarth, 4/18)